Indian auto parts maker Endurance Technologies’ 11.6 billion rupee (USD174 million) initial public offering (IPO) was nearly 44 times oversubscribed on Friday, stock exchange data showed. The company received bids for 754.3 million shares against 17.2 million on offer, according … Continue reading

There are many books providing share market tips and people also learn about it in high school, but these are not sufficient to learn the nuances of the stock market. This is because it takes years of experience to learn … Continue reading

Key petroleum products like crude, natural gas, high speed diesel and aviation turbine fuel have been kept out of GST. India’s biggest taxation reform since 1991, GST, will unify the nation and make it an attractive destination for foreign investments. Under … Continue reading

Govt vows to bring back workers facing ‘food crisis’ in Saudi Arabian firm India said on Sunday it will send a government minister toSaudi Arabia to try to bring back more than 10,000 Indian workers who are facing a “food crisis” because they … Continue reading

Ten days after Hizbul Mujahideen leader Burhan Wani was eliminated by the armed forces, Kashmir continues to see massive unrest, with the violence claiming over 40 lives.   The valley has seen protestors pelting stones, along with incidents of mobs attacking camps … Continue reading

The Cabinet has approved Model Shop & Establishment Act that allows shops, malls and other establishments to operate throughout the year with flexibility to open and shut at their convenience. Companies that will be benefitting from the move will be … Continue reading

Last week there were news reports of Sebi planning to lower the maximum total expense ratio that equity mutual funds can charge from 2.5% to 2%, and thereafter in phases to 1.5%. This is a positive development for investors who should welcome … Continue reading

There will always be an England, but what’s not clear is whether there will always be a European Union. If the UK votes this month to exit the European Union, the world’s worst fear is that it could lead to … Continue reading

India plans to introduce a 25% tax on sugar exports to maintain local supplies, the government said on Thursday, a move that could further push up global prices of the sweetener and boost shipments from Thailand. Sugar output in India, the World’s no. 2 producer behind … Continue reading

The dreaded El Nino effect, the global weather phenomenon of warm oceanic temperatures associated with dry monsoon spells in the subcontinent, is about to end and may give way to its opposite, the La Nina, says private forecast Skymet. This … Continue reading

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